Mandela's Estate Estimated at $4.1 Million

Will revealed Monday

South Africa's former president Nelson Mandela has left an estate estimated at $4.1 million to be divided among his family, the ruling African National Congress, former staff and several local schools, a reading of his will revealed on Monday.

Deputy Chief Justice Dikgang Moseneke said that Mandela's family had accepted the terms of his will earlier on Monday.

Mandela's third wife, Graca Machel, waived her claims to the estate, Moseneke added at a news conference where he summarized parts of Mandela's 40-page will.